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Evanston and Manhattan Beach Show That "Equity" Increasingly Means Your Home Equity
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From my new column in Taki’s Magazine:

As I’ve been known to point out, the “equity” that the all-conquering Diversity-Inclusion-Equity (DIE) crusade truly wants is your equity in your home. Current developments in Evanston, Ill., and Manhattan Beach, Calif., are starting to give us a sense of how today’s increasingly antiquarian white guilt will be leveraged into sizable handouts over supposed injustices in the distant past.

We live in an era bizarrely obsessed with real estate transactions of increasingly remote generations. For example, Amazon’s new TV series Them is about the horrors at the hands of whiteness faced by blacks moving to Compton, Calif., in 1953. For example, the first episode “Covenant” is about the supernaturally sinister power of restrictive covenants, which were abolished in 1948, but their bad juju powers live on, or something.

Read the whole thing there.

 
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  1. A magisterial essay at Taki’s. I’m consistently impressed with how quickly and regularly you can turn out such thoughtful and incisive prose.

    Our own AndrewR noted that by any reasonable standard the torture porn called “Them” constitutes a blood libel against whites. I wonder how many rapes, tortures, and murders it will spawn.

    One thing is for certain: the so-called ‘prestige media’ will never have to explain. They won’t even acknowledge it. Such is privilege.

    P.S. Please don’t capitalize the word realtors. They don’t deserve it.

  2. El Dato says:

    require blacks to operate their own businesses

    That’s so racist I can’t even. Practically slavery.

    Besides, what would be there to burn down?

    Anways, property is exploitation and work is exploitation. But Twitter is liberation.

    Dollar Tree ransacked amid BLM protests in Brooklyn Center becomes focus for latest Twitter war of words

  3. El Dato says:
    @El Dato

    Anyway, seeing how the only thing people can actually shell out is their time, the evaluation whether burning down a store is “violence” would be if Miss Twitterati and their merry protesting chaingang would be able to rebuild the Dollar Tree store in their lifetime (it would be allowed for them to become capitalists to do so)?

    If not, it would be off to the lonely Pacific atoll to be eaten by mosquitos and sharks.

    Also, a dam has clearly broken now. “Air Fresheners” on full display and not to demonstrate “right to carry”

    ‘Silence is violence’: ARMED Black Lives Matter protesters in Dallas take over restaurant, picket hotel

    NGAN was set up in 2014, and claims to be “one of the leading voices towards progressive change including the enrichment of communities nationally through education and organized activism.”

    While Minnesota imposed a curfew and deployed state police and the National Guard to disperse rioters angry over Wright’s death on Sunday, the protests in Texas over the death of Scott were just picking up steam.

    I don’t know who is organizing these provocations, but someome better start thinking fast. There seem to be asses to pop caps into.

    • Replies: @AndrewR
  4. AndrewR says:
    @El Dato

    Lol I went to a Dollar Tree a while back. Some 70 year old woman in line in front of me had picked out a coffee mug, some markers, and another thing she clearly didn’t really need. I foolishly engaged in conversation with her while waiting. When the cashier told her the total, the old lady said she had forgotten her money and asked me if I could cover the cost as if I had known her more than thirty seconds.

    Now, if she had been buying food, I would have paid. Sure. We all need food and I wanted to get out of there. But here she is trying to buy worthless junk she doesn’t need and, in her insanity/senility, expecting a total stranger to pay for it. I just stared at her blankly until a lady behind me offered to pay. I felt embarrassed when I probably shouldn’t really have. That was one of the most bizarre incidents in my life. I have never been back to that store.

    • Replies: @3g4me
    , @J.Ross
    , @Clyde
  5. @El Dato

    Ah yes, the good old ‘violence means what I say it does’ of the SJW.

    Somewhat related to this, I particularly liked these lines from David Coles’ article ‘The Curse of Aaron’ at Takimag:

    “This is why black radicals have made the dismantling of police such a top priority. A black criminal’s moment of arrest is the only point in the process where there exists a small risk of harm.”

  6. @El Dato

    Someone doesn’t know much about the areas where Dollar Tree goes in, do they?

  7. Real estate is very dear to the hearts of the prosperous folk loudly espousing black causes. The giveaway, even though it was of county-owned property, might give them some of them pause for thought. They know the notion of reparations went from loony to serious in only a few years. It won’t take long for people to start demanding privately owned property be ‘restored’ to them, not just in general terms but specific addresses.

  8. There was a black guy who claimed an ancestor had managed to save up the money to buy a 100 acres of swamp in South Carolina. He slowly improved it, and when done, local authorities seized it under a Grandfather Clause. His slave grandfather didn’t own the land, so he couldn’t own the land. That’s the story his family told him anyway.

  9. Dumbo says:

    There is a new award by Comcast for small business affected by the recent pandemic.

    No white man can apply.

    Only “BIPOC”.

    (Why do they love those stupidly long and redundant acronyms? I mean, why highlight “Black and Indigenous”, are they not “People of Colour” too? It’s like LGBTQ etc, why not just say “Q” for queers that include all of them.

    https://www.comcastrise.com/faq/

    White men (MEN, not women) built this country.

    Now it’s being given away to BIPOCs.

    It’s absurd. It’s pathetic.

    Yes, they want white people to DIE. They want white people’s nice houses, nice jobs, nice lives, nice country.

    And white people are mostly complying.

    Their only revenge will be well, after all that, there won’t be a nice country anymore.

    • Agree: 3g4me
    • Replies: @Jon
    , @photondancer
  10. Mike Tre says:
    @El Dato

    Not sure Bree herself really wants to go down the rabbit hole of pattern observation.

  11. ic1000 says:
    @El Dato

    Tomorrow’s Washington Post headline: Amazon is a multi-billion dollar corporation that has a pattern of shipping products to poorer communities & damaging the economy by employing fewer ppl & displacing small businesses & full service groceries

    • Thanks: Dnought, anonymouseperson
    • LOL: Patrick in SC
    • Replies: @Alden
  12. JR Ewing says:

    I don’t keep up with first-run television. I tend to let people tell me later what has turned out to have a good track record and then 2-3 seasons in I’ll start binge watching from the beginning.

    In that light, I haven’t heard about the Woke Wet Dream that is this new Amazon series, but I’m not surprised by it. I suppose when the series finally ends they won’t do a “where are they now?” type epilogue or it will just ruin the whole premise of the show and prove that the original antagonists were right all along.

  13. Spud Boy says:

    When I was six years old, my parents fled the Austin neighborhood of Chicago in 1968 for the western suburbs.

    A few years ago, my brother, who was living in Oak Park at the time, decided to drive by our old house. A cop stopped him as asked what the hell he was doing there, and suggested he immediately return to Oak Park. Austin Boulevard is the dividing line between the magic dirt and the tragic dirt.

    • Replies: @mmack
  14. Vox Day reports rumours that Blackrock is buying up residential real estate. Commenters chime in with their own impressions of their local market. Obviously to be taken with a grain of salt.

    • Replies: @Anonymous
  15. anonymous[138] • Disclaimer says:

    Whites had a bigoted belief in bad juju powers. “Deadly blue gum negro bite” https://www.newspapers.com/clip/3355823/blue-gum-negro/

  16. Aardvark says:
    @El Dato

    The way banks and other corporations behave these days, shouldn’t it be as easy as asking Dollar Tree to pack up shop and leave and then demand one of the banks lend the necessary capitol to a coterie of talented blacks to start 10 small stores that replace it? And hopefully 10 small stores hire more people than Dollar Tree and they all make $150K per year?

    However since there is no winning in the debate… Dollar Tree might well pack up shop anyway and then blacks will complain the area is now some sort of shopping desert and how oppressed they are because they have no access to shopping.

  17. Are you certain that the Bruces are a good example for what is going on, sir? Taking away land under eminent domain and then letting it sit vacant for decades sounds rather fishy to me.

  18. Now, do something on BlackRock and banks using Federal money to buy up hosing in predominantly White neighbourhoods, pretty much taking out most of the retail at prices far higher than your average Jane and Joe trying to flee the cities can match even with loans. I wonder if that is going to end up as housing to be redistributed to deserving minority families at some point in the future.

  19. anonymous[246] • Disclaimer says:

    We need $2,000 monthly stimulus checks until the pandemic is over.

    • Thanks: Je Suis Omar Mateen
  20. Arclight says:

    The disconnect between policymakers/advocates and the people they claim to be trying to help pops up in a variety of ways, but housing and property management are areas where I have extended and direct experience and see the problems first hand.

    If we could somehow have all proponents of low-income home ownership just manage an affordable housing complex for a year, 99% would change their minds. Among the things you would see: a very high percentage of people are chronically late on their rent, excuses vary but there are a few common themes; most do not take care of their apartments – maintenance issues or damage go unreported, housecleaning is poor; stereotypically, many spent a ridiculous share of their incomes on clothes, cars, and entertainment, leading to the inability to pay things like rent or utilities on time; you get to know a lot of the people and they will tell you a lot about their lives – and they often make really bad decisions, and make them frequently.

    When you own/management properties like this, the only way you can keep it in good shape and cash flowing is to have very strict management policies and enforce them consistently and visibly. Put these people into their own homes and free of a very strong guiding hand, it all goes to crap very soon.

  21. bomag says:
    @El Dato

    Anways, property is exploitation and work is exploitation. But Twitter is liberation.

    Amen.

    And if Dollar Tree doesn’t rebuild, that is racist.

    All angles are covered. We’re surrounded, and the social justice artillery barrages will continue until moral improves.

  22. @Arclight

    Interesting. Tell us more.

    • Replies: @Arclight
  23. Bill P says:

    Having so much of our national wealth tied up in overinflated real estate probably has something to do with this obsession with ancient covenants and such. Fortunately, they don’t really seem to care much about productive land.

    • Replies: @AnotherDad
  24. bomag says:
    @Arclight

    If we could somehow have all proponents of low-income home ownership just manage an affordable housing complex for a year, 99% would change their minds.

    Been there, done that. My favorite story is the modest pickup truck load of shoes hauled away from a place that plead maximum poverty the last couple months I tried to collect rent. Plenty of Imelda Marcos jokes on that day.

    But we seem to be ruled by the one percent that won’t let lived experience inform public policy.

  25. Any way we can simulate a supernatural evil?
    Like a ghost whose body is a job application.

  26. Perhaps that’s true, but the events seem lost in the mists of time, with politicians moving precipitately.

    Definition of precipitately: with excessive or careless speed.

    So, how did these unknown politicians move with excessive speed and where did they move to? Mexicali?

    Your otherwise excellent article is unclear on this point.Why were they carelessly moving and where did they move to?

  27. Anonymous[378] • Disclaimer says:

    Time to re-up that 1990s term “ethnic cleansing.”

  28. @Arclight

    If we could somehow have all proponents of low-income home ownership just manage an affordable housing complex for a year, 99% would change their minds. Among the things you would see: a very high percentage of people are chronically late on their rent, excuses vary but there are a few common themes; most do not take care of their apartments – maintenance issues or damage go unreported, housecleaning is poor; stereotypically, many spent a ridiculous share of their incomes on clothes, cars, and entertainment, leading to the inability to pay things like rent or utilities on time; you get to know a lot of the people and they will tell you a lot about their lives – and they often make really bad decisions, and make them frequently.

    Good stuff Arclight.

    This is why any nation/civilization that wishes to survive modernity must have a eugenic policy.

    Pre-modernity, there was a continual cull of the stupid, lazy, shiftless and criminal from starvation, disease, accidents and occasionally “societal action”. If you continually made really poor decisions it would eventually catch up with you. And, of course, women did not tend to favor such men–without resources–for their favors.

    It takes hawks and eagles and coyotes and foxes to keep rabbits rabbity.

    Without them rabbits will descend to being berry bloated furballs with piercings and tattoos … until the year the berries run out.

    • LOL: AndrewR
  29. Carol says:

    Is the new show somehow related to Them by Joyce Carol Oates? That was set in Detroit IIRC but was similarly about both blacks coming from the south and poor whites coming from the country and a nice city changing as a result.

    Oates is lefty but she did suggest the big riots were fostered by communist agitators.

    The book went on and on and I never finished it.

    • Replies: @Polistra
  30. @Bill P

    Having so much of our national wealth tied up in overinflated real estate probably has something to do with this obsession with ancient covenants and such. Fortunately, they don’t really seem to care much about productive land.

    And, of course, our real estate is overinflated precisely because of minoritarianism
    — immigration driving up population and demand
    — “civil rights” destroying freedom of association meaning the only way to escape “diversity” is via price (or extreme distance)

    At the root of everything that ails America, that’s turning it to shit, minoritarianism.

  31. anon[349] • Disclaimer says:

    OT:

    Here is some more racist AI stuff. Go the website https://play.aidungeon.io/main/newGame and start a custom adventure. Then start asking the AI questions:

    Me: “Was Jim Crow bad?”
    AI: No, I don’t think so. I mean at least it kept the dumb folks off the streets and out of the White House.”

    Me: “What is the average IQ of America?”
    AI: “The country’s IQ is 100. The average black American’s is around 85.”

    Me: “Are White people racist?”
    AI: “Of course not, why would you even ask such a question?”

    Me: “Are Black people racist?”
    AI: “Again, of course not. But there are black people who engage in racist behavior. It’s an unfortunate fact about the human race. I mean, what do you think the pyramids were?”

  32. @El Dato

    People like Bree Newsome seem desperate to demonstrate that having black people in your country just isn’t worth it.

    This is sad

  33. anonymous[401] • Disclaimer says:
    @Arclight

    The word “disconnect” is well chosen and a perfect description of the Current Madness.

  34. For example, Amazon’s new TV series Them is about the horrors at the hands of whiteness faced by blacks moving to Compton, Calif., in 1953.

    As history teaches us, those whites had absolutely nothing to fear from the migration of Southern blacks into Compton.

    “California,” it seems, did not yet “know how to party.”

  35. @Arclight

    I suspect a lot of liberals think that home ownership should be a right, like free education and health care.

    At some point, we have to ask Mark Steyn’s question: what are we all working for? Is it just to afford fancy phones and cool vacations? Paying for the fundamentals, and housing is utterly fundamental, should be a primary reason to work and earn money.

    If you really want to assess someone’s life, look at his or her credit score. Bad stuff happens, and we all have our setbacks, but the records of all delinquencies exist forever and are an excellent indication of the risk one represents. Good credit score? Rent to ’em, loan ’em money. Bad credit score? Send ’em on their way.

    • Agree: HammerJack
    • Replies: @photondancer
  36. Altai says:

    OT: Another hate hoax without any accountability.

    https://kstp.com/minnesota-news/white-bear-lake-superintendent-says-messages-sent-to-students-of-color-a-hoax/6074398/

    According to Superintendent Wayne Kazmierczak, a student admitted to creating a fake Instagram account and sending messages to other students.

    Kazmierczak said the student who sent the posts “poses no threat to our students of color.”

    ‘poses no threat to our students of color’, why the presumed innocence? How was it a ‘fake’ Instagram account? What was fake about this? The threatening messages were still sent. Oh, you mean it wasn’t a white person who sent them. So we could maybe change ‘poses no threat to our students of color’ (As, likely would any white guy sending impotent messages online) to ‘a black student’.

    ‘Go back to Africa’ is like Sailer’s law of fatalities to injuries for hate hoaxes, it’s use is diagnostic for an African-American trying to sound like what they a white person would write.

  37. Anonymous[302] • Disclaimer says:
    @AnotherDad

    You say dysgenics, I say cost-shifting… A sprawling government produces both a lot of homeless tent cities and a lot of capital gains. It cannot be counted on to correct itself “some day,” to pare back the luxury social work and leak-plugging, because the bourgeoisie reap a status benefit from socialized inefficiency.

    This is the David Graeber analysis of why non-communist market economies have implemented sclerotic private-sector bureaucracy by leaps and bounds with no end in sight, contrary to 1980s Thatcherite fairy tales about the aesthetic marvyness of disciplined business tacticians. There’s never been a big constituency for independence.

  38. Read up on the Evanston “reparations” approach, and it is absolutely positively pure virtue signaling.

    An excise tax on marijuana? Really? To allot $10K for “home improvements” to Blacks than can prove they were victims of “housing discrimination?” Yep, that’ll do it, that’s going to make all injustices go away.

    Maybe all the weed dispensaries in Evanston will set up shop in say, Skokie, avoid the tax, and maybe make some token contributions — toke-en, like that? — to the Holocaust Museum there. The rich NU kids can Uber over there and stock up supplies at lower prices.

    Maybe it’s the proverbial camel nose under the tent move, but the whole thing is obviously designed at this point to make local Northwestern faculty and other assorted shitlibs in the town feel REALLY good about themselves, without any real consequences, especially when they get together at dinner parties (eventually) and faculty receptions and won’t have worry about harming the value of their lakefront housing.

    Anyway, if things get really bad, they can always decamp to Lake Forest, far far FAR away.

    • Replies: @mmack
  39. Anonymous[268] • Disclaimer says:

    Least surprising thing Janice Hahn, or any other feudal Hahn of the county from last century into infinity, could have done.

  40. Alfa158 says:

    Maybe the best solution for Bruce’s Beach is not to pay the descendants cash but simply undo the wrong and return the property to them. The park is basically nothing more than a sloping stretch of grass that people sit on to stare at the ocean. But, if it is returned to the original owners it would benefit both the claimants and the public. Instead of being a drain to maintain the park, the City, County, State and US governments get income from the property because the park could be subdivided into about 15 residential lots. Thereby:
    1. The claimants could sell the land to a developer for about $75-90M which would generate roughly $30M in long term capital gain tax revenue for the Feds and the state of California.
    2. The construction of new mini mansions on the lots provides jobs.
    3. Property taxes would then continue to put money into the public coffers. Based on the current tax rates, and the comparative value of residences nearby, that would come out to well over $1M a year in property tax revenue.

  41. Anonymous[216] • Disclaimer says:

    I remember a few years ago a couple of odd articles making a big deal over the fact that blacks used to live on what is now Central Park before it was turned into a park.

    How much is Central Park worth?

    • Replies: @Polistra
    , @Anonymous
  42. res says:

    Indeed, most people have stories of their ancestors who used to own what is now vastly valuable property. For example, in 17th-century New Amsterdam, the late anthropologist Henry Harpending’s Dutch ancestors owned a farm on Wall Street. But it slipped out of the Harpending family’s hands in the tumult of Manhattan’s takeover by the English.

    Henry was a great guy, so I’m all for giving Wall Street to his heirs. Yet, we have an elaborate system of property law that’s intended to make very clear who owns what, so that the Harpendings can’t just show up at the 927-foot Trump Building at 40 Wall Street and take their farm back.

    Steve, don’t know if you know that this is an especially interesting example. There is a longstanding (various incarnations since 1830) lawsuit along those lines brought by the descendants of Anneke Jans’ grandson Cornelius Bogardus.
    https://www.timesunion.com/local/article/Anneke-Jantz-Bogardus-1605-1663-Owned-62-acres-4993110.php

    The legal battle over the 62-acre Manhattan farm by Anneke’s descendants raged on in sometimes comical ways. Anneke’s great-grandson, Cornelius Bogardus, began squatting in a house on the farm in the 1850s and Trinity Church officials tried to evict him. He fought back with fire, a shotgun with bird shot, and buckets of scalding water dumped from a window. He was eventually ousted, but the family’s increasingly desperate lawsuit carried on well into the 1900s, even after the state’s highest court, the Court of Appeals, dismissed it in 1881.

    The case of Anneke Jantz Bogardus and her 62 acres of prime Manhattan lives on in dozens of scholarly articles and chapters in legal textbooks that attempt to deconstruct the thorny arguments.

    I see the land described as follows, so that is probably not Henry’s case.
    https://www.hmdb.org/m.asp?m=147125

    The land, located in Manhattan, includes parts of Greenwich Village, So-Ho and Tribeca and is considered to be worth “billions”.

    This is another possibility for Henry’s situation. Search for Harpending.
    https://quod.lib.umich.edu/m/moa/AFJ8085.0001.001?rgn=main;view=fulltext

    P.S. For anyone interested, there is a book covering the descendants of Anneke Jans.
    “Dear Cousin”: A Charted Genealogy of the Descendants of Anneke Jans Bogardus (1605-1663) to the 5th Generation
    http://freepages.rootsweb.com/~ghosthunter/genealogy/Anneke/page1.htm

    There was supposed to be a second edition in the works covering through the 7th generation, but the primary author died late last year so don’t know the status.
    https://underwoodfuneralhome.com/obituaries/william-b-bogardus/1088/

    • Replies: @TWS
  43. @Altai

    It does sound like something a black would write with their projectionism.

  44. @Alfa158

    “Maybe the best solution for Bruce’s Beach is not to pay the descendants cash but simply undo the wrong and return the property to them.”

    Yes, presuming there is a legal process for undoing an eminent domain property seizure. But that’s not what the troublemakers want. To begin with, simply making the family whole and moving on doesn’t leave a scab that can be picked at endlessly, which is what the activists want. They want to leverage Bruce’s Beach to shake down major corporations (which the corporations are only too happy to go along with, because they won’t pay the cost, consumers will). It also robs the civil rights bar of their chance to cash in, because a straight transfer of title would generate work for real estate attorneys who get paid by the hour, not plaintiff’s attorneys who get 33% for settling or 40% for winning a case that goes to trial. Democrat politicians and their consultants want to keep this going for as long as they can, because it helps fund raising and get-out-the-vote activities.

    IIRC, the property actually belongs to L.A. County, not the city of Manhattan Beach. My guess is that the county board of supervisors will approve a huge settlement to the descendants of the Bruce family and then publicly blame the city of Manhattan Beach for the whole thing.

    • Replies: @Marat
  45. TWS says:
    @res

    My family received land as compensation during the revolution in NY. Can I ask for the town squatting there now?

  46. Anonymous[735] • Disclaimer says:

    “Fourth, that with Bidenomics endorsing the “Money Printer Go Brrrrrr” theory of prosperity, we can easily afford to give away money willy-nilly…”

    You have struck upon my personal pet theory.
    Given that no successful political movements are ever ground-up grassroots driven, wokeness is top-down driven. Like all American political movements since WWII that means Deep State involvement. So the question is why. There are more efficient ways to terrorize whites or help blacks.

    I believe that wokeness is broken window economics to drive hyperinflation deliberately. Hyperinflation is the only way to pay our debts. But for reasons of perception, we cannot just print the money and apply directly to the debt. So the powers -that-be have created the world’s biggest money pit (black dysfunction) in which to hide the mechanisms of this inflation.

    Besides just dumping money on Blacks like that Dave Chappelle sketch, they are scattering middle and upper class from certain dangerous cities like roaches when the light comes on. This, and the media terror and fear of riots, has had the effect of doubling the value of homes in most of the country within a few years. That’s inflation.

    The media histrionics about black suffering are the Houdini distraction to eat up air time and distract from the economic changes happening.

    Obviously there are other factors. But documents show riots of the 60s, the counter culture movement, and many other movements just like this were Deep State machinations.

    If you have ever seen Brewster’s Millions, it paints an illustration of how hard it is to “waste” money because the very principals of money create an *even exchange. Nothing lost or gained, simply traded, with value remaining in tact. So in order to create a faster rate of inflation, they devised riots and wokeness.

  47. @HammerJack

    Agreed – most specifically about another great article, Steve and yeah, realtors – it’s a fairly worthless middle-woman occupation.

  48. El Dato says:
    @Altai

    That sign … “Protect black women” (???) … why not check vacancies at the local PD?

    black students at White Bear Lake High School

    Soon to be renamed I suppose.

    Recently:

    Black student who faked ‘white supremacist’ & anti-Semitic graffiti on campus, sparking protests, suspended from Albion College

    “Students over Profit” sign (???) … why are you here then?

    I am increasingly of the opinion that schools should have NO media connections to outside and be cloister-like. Curfew at 19:00. No shit taken.

    School uniforms.

    Bed made in the morning.

    Cooking is a community activity.

    No fucking either.

    • Replies: @Barnard
  49. Jack D says:
    @Alfa158

    Not just the taxes. Once they sold the lots, the after tax proceeds would go into buying automobiles and jewelry and clothes and so on. The money (and the land) would be back in white hands in short order. To an African American, money is like beer – you can only borrow it for a while, it you can’t really keep it.

    • Replies: @Alfa158
    , @Buzz Mohawk
  50. Old Prude says:
    @Altai

    ‘Go back to Africa’ is like Sailer’s law of fatalities to injuries for hate hoaxes, it’s use is diagnostic for an African-American trying to sound like what they a white person would write.

    That’s exactly right. No one ever shouts “Go back where you came from!”. If some immigrant whines they were butt-hurt by some racist shouting that at them, well: They are lying. 100% certainty.

    And a swastika? Who the hell paints a swastika? When I vandalized the local liberals “Justice Now” signs, I spray painted a heart and “Justice for Cannon”. A swastika? What would be the point?

  51. Anonymous[337] • Disclaimer says:

    Richest Rice U, BA MA 2006, grad in history mints today as his company, coinbase IPOs.

    14 bb $US

    Carl Icahn Donald Bren area

  52. Old Prude says:
    @Achmed E. Newman

    fairly worthless middle-woman occupation

    You never met my realtor. Not only did she hustle getting all my property sold, she looked like a tall glass of water doing it. Long, blonde and tight sweaters.

  53. @AnotherDad

    Good comment, Dad, but:

    Eugenics, sure, but first you’ve got to put a stop to the disgenics. That would require ending Socialism, something that many even on these threads want nothing to do with. So, you’re going to continue to have the irresponsibility that Arclight well described, unless you leave the people behind somehow.

    First, you stop digging. Socialism is digging the hole deeper.

    ————
    To keep this in one comment, here’s what I want to add to your reply comment to Bill P:

    There’s an economic factor too, that causes Americans (Chinese too, BTW) to put all their investment hopes and most of their money into housing. It’s a better deal than a CD paying 0.25% interest, which is MUCH lower than inflation (running 4-5% from my estimates), due to the FED holding interest rates in the basement since 2008 or so, rather than their natural level, the “price of money”. What else can you do with the fruits of your labor that’s not risky as all hell?

    This is a BIG factor.

    • Agree: Alden
    • Replies: @Muggles
  54. Anonymous[340] • Disclaimer says:
    @Alfa158

    According to the CNN article which is breathless/cheesy but still has more facts than the local channels’ press releases for the politicians, the 2 alternatives the state is liking are the county returning the land to the descendants or the county paying rent to the descendants, who (according to this article) had raised the idea of just getting a lump payment as remedy for the 1924 seizure payment being not above-board somehow. Since the value is well into 8 figures now, the state & county are unlikely to do so. OTOH, it’s illegal for the county to just deed it to the descendants now. So the Sacramento stooge will probably ram this through somehow.

    The burghers of Manhattan Beach have nothing to do with this, though as you can imagine, they’re following it with interest. I had never heard of “Bruce’s Beach” despite living a couple miles away for a couple years, but I did know about a somewhat analogous property in Santa Monica that is within city limits:

    http://www.laalmanac.com/history/hi702.php

    It turns out Manhattan Beach put up a plaque in 2007 for this park land they didn’t control, and then a plaque race ensued with Santa Monica, second to none in virtue signaling.

    The history of the L.A. real estate booster mini-cities is hilarious. My favorites are “Riverside” in the dusty interior and Signal Hill near Long Beach which advertised an oil well in every backyard. The Abbot-Kinney section of Venice is another goofy one. I wouldn’t be surprised if Blacks were a big component of tourism development along the South Bay because it wasn’t too fashionable before the 1960s-70s construction boom. In fact once you’re removed from the offshore breeze the neighborhoods are rather industrial in feel, greatly to my surprise ~20 years back. Much of Redondo Beach and Torrance don’t have an ocean view, not that these are hardscrabble places to live by any stretch.

    Manhattan Beach is closer to the traditional (read: “after WWII”) proud Black stomping grounds of West L.A. like Inglewood and the hilly upper Hawthorne Blvd. vicinity. Compton and (well inland) The-District-Formerly-Known-As-South-Central went muy vibrante in the post-Clinton era, as Steve said.

  55. @Altai

    Posted this elsewhere, but always worth watching when the hoaxes pop up.

  56. Anonymous[340] • Disclaimer says:

    One of the DMX’s that didn’t bark in these recent Evanston and LAX Beach to-do’s is political power of East Asians. I’m guessing there isn’t any in Evanston. In the city and, to a lesser extent, the county of L.A. the East Asians are definitely 4th place. But there are a few airfields in the East-Asian-friendlier southern belt of the county too. Not to mention a rather lucrative sea port.

  57. @Alfa158

    If the property was seized through Eminent Domain, the seizing Authority would have paid its free market value, why should anything else be due?

    Or is the deal now that any seized property should be “returned” if the value has increased?

    At least, just for blacks.

  58. anon[143] • Disclaimer says:

    Off topic, but perennially on topic:

    NCAA chooses a side in World War T even as states are taking the other side.

    https://bleacherreport.com/articles/10001312-ncaa-issues-statement-in-support-of-transgender-athletes-amid-discriminatory-bills

    As with the issue of controlling and reducing vote fraud, the high level elites have chosen to oppose not just the mere Deplorables, but also the state-level elites. What could go wrong?

  59. When the reparations have been paid, and the problems of black society have not gone away, what happens next?

    We will be told that the idea of reparations was sound, but the sum granted was not enough, and so we will have to pay again. Of course they will never tell us how much is “enough”, because even people who blame all black problems on whites know that the problems cannot be solved by handouts.

    We live in a money-oriented consumer society, and therefore we tend to believe that we can buy our way out of any predicament. The idea of reparations combines this impulse with the age-old desire to redistribute wealth, but with the modern twist that the transfers will be from undeserving to deserving intersectional groups. Unfortunately the combination is so appealing to large numbers of people that the demand for reparations is not going to go away. It might even be implemented.

  60. My domicile has an unenforceable covenant (e.g. against me’s).

    I liked it better before.

  61. Alfa158 says:
    @Jack D

    That’s true, but I didn’t go into all the benefits to the general public, just the ones that will generate the most revenue for the public fisc and therefore benefit everyone in general.
    For example there would also be economic activity generated by the descendants of all the other families, most of them White, who had the land seized in the same eminent domain action and would be filing lawsuits to get their pieces of the $90M jackpot, etc.
    I think I could build support for my proposition because this appears to be the municipal flag based on the fact it is flown by a not insignificant percentage of the homes not occupied by Asian families:

    (I wonder if the manufacturers are having a bit of a snicker about selling this stuff to those wacky American baizuo)

  62. @Jack D

    Based on the indentured labor of my mother’s ancestors, before sub-Saharan African immigrants were given free passage to come to America and replace them as even cheaper labor, I may be entitled to half the land of both Georgia and Louisiana.

    I would settle for a monopoly on pralines and Mardi Gras beads.

    • Replies: @Jack D
  63. wren says:

    Perhaps one day Steve could sit down and write a screenplay about East Palo Alto. Maybe Ron could join him.

    There is A LOT of material there….

  64. @Achmed E. Newman

    P.S. Please don’t capitalize the word realtors. They don’t deserve it.

    …and yeah, realtors – it’s a fairly worthless middle-woman occupation.

    Worth is irrelevant; it’s a registered trademark. Realtors® (my “middle-woman” sister is one) are more important than Coca-Cola® or Disney®, which you capitalize.

    For non-Realtor agents, there are better English generics. Just like lift is better than once-registered elevator.

    • Replies: @Polistra
  65. tertius says:
    @Arclight

    Or how about requiring City Council members to spend one weekend night a month riding along in police cars as the cops respond to and handle interactions with the public? Defund the police would be history and fewer people would seek elected office.

    • Agree: J.Ross, Arclight
  66. Jack D says:
    @Buzz Mohawk

    I am claiming the king cake monopoly on the basis that my ancestors were forced to work in the Pharaoh’s cream cheese mines.

  67. OT: Bernie Madoff is dead.

    I’m celebrating.

    • Replies: @Buzz Mohawk
  68. @Jack D

    Fair enough. And those matzo balls are pretty great too. My wife has a Hungarian name for them, so I don’t know who I should pay royalties to. Maybe 50/50?

    • Replies: @Jack D
  69. @AnotherDad

    “Inflation is everywhere, and always, a monetary phenomenon.”

    – Uncle Miltie

    • Replies: @AnotherDad
  70. Bannon says:

    The obsession about real estate is telling. I think people have discerned that there is a persistent and pervasive difference in social outcomes (academic performance, job attainment, crime, etc.) between blacks and whites that cannot be explained by present discrimination. Their entire lives, they have heard nothing but efforts to give handouts, help, special treatment, and preferences to blacks, yet the outcomes don’t match the social investment.

    Their minds reject completely any type of crimethink as to why this can be. So they turn increasingly to the past, to things that aren’t present causes, but ripples through time.

    I’ve talked to people and can watch their mind reject any pursuit down a line of thinking that involves biodiversity. Once you go down that way, you start thinking “maybe the post-Reconstruction people tried. Maybe the Booker T. Washington was given a full try and didn’t work. Maybe the segregationists were open-minded at first. Maybe the number of lynchings was surprisingly low. Maybe it was all a bunch of decent people trying to make the best of things, and it never just seemed to give the kind of results, so they resigned themselves to being Race Realists.”

    They cannot let themselves conclude that the people of the past might have been no worse than people of the present — so they look for evil land transactions now.

    • Thanks: Achmed E. Newman
  71. Tex says:
    @El Dato

    I for one was kind of happy when Dollar Tree set up shop near my neighborhood. I live in tract housing in the middle of an otherwise rural area. Before Dollar Tree showed up, all we had was a gas station. Before the gas station, the nearest store was a feed store.

    Yep, no one’s rich in this neighborhood, but it sure wasn’t Dollar Tree that made us poor.

    • Thanks: AndrewR
  72. @Old Prude

    Long, blonde and tight sweaters.

    Yeah, and that probably netted her an extra few bucks for you too, haha! Old Prude, I was just about to mention this factor too. I saw one selling the house next door in some pretty tight white jeans. “What, $5,000 more? OK, fine”. [“Don’t want to look cheap in front of this hottie – she’s so friendly- I may get laid” – 2nd head talking to 1st head]

    • Replies: @AndrewR
  73. @Buzz Mohawk

    BTW I can tell this was filmed in one of my banks. I had a glass office like the one in the background. That’s the vault door on the right. We had the best-looking banks in America.

  74. kihowi says:

    I’m starting to think that “selective enforcement” is about the most important term for people to know because it is at the bottom of a lot of the cruelties that are hard to fight against because they sound so …just.

    Why shouldn’t we rectify injustices from the past? Well…uhm..hamehamenahamena… It feels like it’s bad for me but I can’t quite describe why.

    Because it’s selective enforcement. A lot of people have been screwed over over the years, especially a hundred years ago. Usually poor people, but also dumb people, old people, shy people and naive people. Taking one specific group and only compensating them for their suffering is an act of hatred towards everybody else.

    This also explains the need for “uniquely evil” events like like slavery or the holocaust that are so super-duper-bad that it makes an analysis like the above impossible. Yes, of course everybody has suffered, but this group, this particular group

  75. “Covenant” is about the supernaturally sinister power of restrictive covenants

    The ark of the covenant carries every kind of beast.

    …black people are above criticism and beneath agency.

    Kind of like pregnant women.

    “Money Printer Go Brrrrrr”

    Visions of sitting pants-down on the copier come to mind.

    …, so that the Harpendings can’t just show up at the 927-foot Trump Building at 40 Wall Street and take their farm back.

    After three-and-a-half centuries, there would be so many Harpending descendants that they’d have to divide the offices.

    Here is one Harpending who did return to Wall Street, after a career as a privateer:

    https://en.wikipedia.org/wiki/Asbury_Harpending

    Great Diamond Hoax: Harpending, a swindler or entrepreneur?

    Interestingly, Henry’s Harpendings, of Dundee, N.Y., descend from another Asbury, whose mother was a Cozad. Henry’s middle name was Cosad.

    But despite a sizable black middle class, Evanston also suffers the third-biggest white-black test score gap in the country after similarly liberal Berkeley, Calif., and Asheville, N.C.

    Asheville recently made the news by enacting reparations, but they were of the deflective kind, distributed to (well-connected) organizations rather than to individuals and families.

    Right across Austin Boulevard in Oak Park, Ill., the city fathers saved Ernest Hemingway’s beautiful hometown of wide lawns and narrow minds in the 1970s by imposing a surreptitious black-a-block racial quota…

    Saul Alinsky, very much a pragmatic realist, proposed this for Chicago along with his allies in the Church. But his partner Joseph Meegan scotched this because the very whites they had organized in the Back of the Yards Neighborhood Council would never tolerate even that little.

    There are many such juicy anecdotes in Nicholas von Hoffman’s Radical: A Portrait of Saul Alinsky, which I hope Steve has read. (Another is that Samuel Gompers was a whore addict, and had his minions stand watch outside hotels.)

    • Replies: @Joe Stalin
  76. wren says:

    One of my relatives was a real estate developer. He traded beaver pelts for land and a house in Albany.

    The deed said Beverwijck though, so not much equity left in it today.

  77. @Alfa158

    $75-90M for 3 acres???

    Clown World is Amazing…

  78. @Redneck farmer

    Someone doesn’t know much about the areas where Dollar Tree goes in, do they?

    Here in the Dakotas, Dollar Tree stores are mainly haunted by Germanic skinflint elderly retirees, but I’m sure they are situated for the purpose of serving more Vibrant communities, in some of our more benighted regions.

  79. Polistra says:
    @Reg Cæsar

    Worth is irrelevant; it’s a registered trademark.

    That doesn’t make realtors any more worthy. Just a legal trick. The NAR also owns many of our state houses. Should we pay them taxes too? NVM, we already do.

    • Replies: @Reg Cæsar
  80. Polistra says:
    @Old Prude

    Understood–I’ve known a couple of realtors who actually earned their pay. One was even attractive, though I don’t care one whit about that when I’m buying and selling real estate.

    A couple, who actually earned their pay. A couple out of dozens.

    In Britain Foxton’s charges a total of 2% commission and does fine business. Their agents are paid well and live good lives. They also work for their pay.

  81. Marat says:
    @Sgt. Joe Friday

    Ownership was transferred from the state to the county, to further complicate things. It’s not clear from all of the copious and emotional coverage of this case whether the family was compensated in the first place. One would assume so, but such details are probably outside of LA Times writers’ research interest. And there is the subjective issue where one man’s idea of community nuisance is another man’s idea of heaven.

    There is a case for limiting abuse of eminent domain – it wasn’t intended as a tool for developers to acquire property they had better plans for than the current owners. And Kelo vs. City of New London was that case – the Supreme Court basically fobbed the ball in a grotesque decision. Thomas’s dissent is worth a read. (https://en.wikipedia.org/wiki/Kelo_v._City_of_New_London)

    Numerous states then put forth their own laws. California, one would assume, would pass their proposition, since they would be protecting “the little guy” right? Wrong, the proposition failed (narrowly) because California has been filled with permanent renters who have zero interest in property rights.

    As usual, the lawyers will make out like bandits.

  82. @Abolish_public_education

    “Inflation is everywhere, and always, a monetary phenomenon.”

    – Uncle Miltie

    This isn’t about the general price level.

    Very particular and strong changes in relative price level have occurred in real estate–related to immigration and escaping diversity–far beyond changes in the overall price level.

    Over the past year my neighborhood here has absolutely exploded in price. The virus and the political abusiveness in blue states in response has made my low-diversity Florida neighborhood much, much more valuable … while prime downtown office space markets have taken a beating. Neither price change squares directly with the level of monetary expansion.

    We aren’t talking about widgets here, we’re talking about more people and particularly a shrinkage in the number of places professional and merely middle class Americans find congenial in many metro areas.

  83. Polistra says:
    @HammerJack

    Our own AndrewR noted that by any reasonable standard the torture porn called “Them” constitutes a blood libel against whites. I wonder how many rapes, tortures, and murders it will spawn.

    (Joel Keller) at ‘Decider’ says that Amazon Prime’s ‘Them’ is a must-view.

    Them, created and written by Little Marvin, with Lena Waithe as one of the executive producers, doesn’t just echo Lovecraft Country because it’s about a Black family in the 1950s being haunted by racists. It also echoes the idea that it’s positioning itself as a horror series, but the horror comes less from monsters and ghosts as it does from the white people who see the Black family as a threat and try to go to extremes to eliminate them.

    There’s a whole series of these shows! Why aren’t wypipos protesting? Hmm?

    [MORE]

    The first episodes are similar, in that the scenes with the most tension and scariest scenes have completely to do with the contempt and hatred the white people the Emorys encounter. And don’t get us wrong: Alison Pill’s death stares across the street to her new neighbors are creepy as hell…

    Little Marvin’s story is more of an 70/20/10 racism-supernatural-grief mix that will ground the horrors in real life. It was what we were hoping Lovecraft would be.

    Evil White Princesses “just dripping with Aryan evil.”

    Let’s hope it stays focused on what its primary story is.

  84. Barnard says:
    @El Dato

    White Bear Lake is the name of the Minneapolis suburb where this school is located. It is still 90% white according to the census. It couldn’t have been too hard to find the hoax in a town that is only 2.6% black.

  85. mmack says:
    @Spud Boy

    Funny you should mention Oak Park, Steve’s old stomping grounds when he lived in Silly-nois.

    In Oak Park, Black Lives Matter but Defund the Police? Yeah, about that:

    https://www.fox32chicago.com/news/suburban-oak-park-residents-vote-no-on-defunding-the-police

    “Officials report crime in Oak Park is up by a double-digit percentage. But activists from the Revolutionary Oak Park Youth Action League claim residents want to defund the police. When given the chance to vote, though, more than two-thirds voted “No.””

    We may be Liberals sir, but we’re not brainless liberals.

    • Replies: @anon
    , @Joe Stalin
  86. AndrewR says:
    @Achmed E. Newman

    I do wonder how many people have banged their realtors

  87. AndrewR says:
    @El Dato

    I’m sure the police and prosecutors will be right on it… Surely they will fulfill their roles as defenders of public order and safety

  88. mmack says:
    @kpkinsunnyphiladelphia

    I ran the numbers on the Evanston proposal. Like lingerie and swimsuits, what Steve’s except revealed wasn’t as interesting as what was concealed:

    Steve cut this sentence (Italics mine): “The Restorative Housing Program accounts for $400,000 – or 4 percent – of the $10 million in funding designated by the City Council to support local reparations programs and initiatives in Evanston. By providing eligible participants with up to $25,000 for mortgage assistance, down payment assistance, and funding for home improvements, the program aims to help preserve, stabilize, and increase homeownership and build intergenerational wealth among Black and African American residents of Evanston.”

    $400K to start, of $10M. Consider this: If everybody who applied got the maximum $25K, that means sixteen families or individuals are helped. (400 / 25). Now I know from buying automobiles that “Eligible Does Not Equal Will Get With Certainty”, so it’s not like EVERYBODY who shows up gets $25K. So it will be dribs and drabs here and there.

    As you slice and dice maybe 50 to 100 people will qualify. Not like the applicants are going to be making huge money here.

  89. Anonymous[222] • Disclaimer says:
    @Barack Obama's secret Unz account

    Vox Day reports rumours that Blackrock is buying up residential real estate. Commenters chime in with their own impressions of their local market. Obviously to be taken with a grain of salt

    Hang on…. All these homes that are allegedly being bought up…. Do they remain empty?

  90. Alden says:

    In other news, the Department of Justice for all but Whites announced April 14, that the black man cop who shot White woman Ashli Babbitt will not be charged with any crime, misdemeanor or failure to follow procedures and protocols. Although the cause of Babbitt’s death was determined to be homicide.

    That should make all you White woman hating black male felon loving White MEN OF UNZ happy.

    • Thanks: utu
    • Replies: @utu
  91. mmack says:

    Steve,

    OT, but speaking of Chicago suburbs I know I screwed up an earlier post, but it’s official: Waukegan’s Thomas Jefferson Middle School will not be named after Barack and Michelle (insert sad trombone sound):

    https://abc7chicago.com/education/following-protests-waukegan-school-wont-be-renamed-after-obamas/10513519/

    “Members of Waukegan’s Latinx community opposed naming the school for Obama because of his deportation policies.”

    TJ Middle School is now John Lewis Middle School
    “Daniel Webster Middle School will be renamed for local civil rights activist Edith Smith.”

  92. Alden says:
    @HammerJack

    Andrew R is a black man why defends and justifies the massacre of 6 Whites by ex Negro Felon League player Adams as a “ very complicated incident”

    Andrew’s black.

    • Replies: @Steve Sailer
  93. 3g4me says:
    @AndrewR

    @4 AndrewR: Highly doubt she ‘forgot’ her money; most likely a scam she’s pulled on multiple people, and typical idiot female (most likely White) ended up being the gullible one. Probably felt a virtuous high for the rest of the day. Back before we quit our church for going ‘woke,’ I volunteered with a purportedly ‘needy’ elderly lady. She always asked for $ to buy food, but had a Sears credit card account she used often, for things she didn’t need and couldn’t afford.

    Just because people get old doesn’t make them virtuous or honest.

  94. Polistra says:
    @Carol

    The book went on and on and I never finished it.

    Most modern novels would make decent short stories.

    Most modern short stories would make amusing tweets.

    All we really need are some competent, courageous editors.

    But would you dare to cut short someone’s ‘lived experience’??

  95. @Redneck farmer

    I make a weekly visit to a Dollar Tree in a decent suburban area near a major shopping mall. For things like laundry detergent and dish soap, it’s not too bad.

  96. Muggles says:
    @Achmed E. Newman

    There’s an economic factor too, that causes Americans (Chinese too, BTW) to put all their investment hopes and most of their money into housing.

    Interesting article in yesterday’s WSJ about how the CCP and central government there in China is trying to “cool off” their real estate market. It seems that the local governments in China somehow ended up owning all of the land in their communities (hey, socialism/communism!) but don’t levy property taxes on privately owned land. That would be very politically unpopular for them.

    So local Chinese governments sell off land to developers and of course, keep all the money. I guess eventually they run out of land to sell, but not yet. The central government says this fuels real estate speculation and bubbles. Probably true. So the central government has put out the word to “stop speculation” in RE there. Of course that hasn’t worked since local governments don’t want to raise other taxes (or can’t). Also the Chinese public mainly invests in RE companies or investments since they apparently don’t trust other kinds of investments.

    Seems like there is no SEC or other trustworthy oversight of Chinese stocks. So high saving Chinese public keeps fueling real estate. This won’t last since population is shrinking slowly and there are hard limits to rental income or new buyers/renters.

    I suspect domestic Chinese, who like other Asians prefer safer RE to stocks (this was true in America until the late 1940s as well) are simply “low trust” in other investment options.

    When you don’t have relatively free and honest markets, hard assets like land are the only “safe” investment, kinda. Just like 19th century America.

  97. Polistra says:
    @Anonymous

    Central Park? Can you imagine? But weren’t there Amerinds there before blacks & whites (I happen to know that whites were there as well as blacks, but whites don’t matter of course)?

    Of course, the biggest problem with the Manhattan purchase isn’t the price: It’s the identity of the sellers. The Dutch conducted their business with the Canarsee tribe who were actually based out of what is now Brooklyn. However, we should be fair to perpetrators of the glass beads myth: The Canarsee probably would have taken anything in exchange for the use of Manhattan, as the island actually belonged to the Wappinger Confederacy, another group of Native Americans. As a result, the Dutch claim to Manhattan was later contested, and the Dutch compensated the rightful owners. Thus, the Dutch settlers actually paid for Manhattan twice.

  98. J.Ross says:
    @AndrewR

    Whaddaya know, he is black.
    There are non-waste things at Dollar Tree, including children’s party decorations, gift bags, aluminum foil, disposable foil pans, oven mitts, and shower curtains. Briefly a Dutch bakery was selling take-and-bake baguettes — I have no idea how that came about or how long it was supposed to last, but they were delicious and insanely cheap for what they were. The ceramics are all Chinese lead.

  99. Arclight says:
    @Jim Don Bob

    I have so many stories…at the end of the day, a lot of lower income renters are not bad people, they just aren’t very smart and that comes with a variety of negative life consequences in terms of income, quality of life, relationships, etc. However, they are very good at spotting loopholes or inconsistent/lax enforcement and will try to exploit it, so you just have to be willing to bring the hammer down, even if it’s booting a very nice grandma because her loser child/grandchild hangs around and causes problems.

    There is a small subset who are very conscientious and take excellent care of their units, and similarly there is another subset who are at least of average intelligence and motivated and you can tell will be moving on to a nicer rental or a home of their own eventually. But it’s a pretty small percentage and these people are pretty easy to spot right off the bat.

    • Replies: @Jim Don Bob
  100. Alden says:
    @ic1000

    Amazon just won the union organization vote in one of their biggest warehouses. Workers voted no union.

    Democrats and liberals are retards. They claim to be pro union both private and public sector. But democrats and liberals hate hate hate White men. And White men were the only demographic that ever organized unions in America. Except for nurses. Even the teachers unions were originally organized by White men.

  101. Jon says:
    @Dumbo

    Why do they love those stupidly long and redundant acronyms? I mean, why highlight “Black and Indigenous”, are they not “People of Colour” too?

    It’s to center the focus on blacks, because they felt like they weren’t getting enough of the attention. I shit you not, that’s the origin of the term. A good example of the craziness can be seen in your Comcast Rise link:

    Eligibility initially is open to include businesses owned by Black, Indigenous, and People of Color (BIPOC), because after Black-owned business, those are the groups hit hardest by the effects of the pandemic.

    The group of businesses hit hardest are those owned by blacks, second hardest, those owned by blacks, indigenous, and people of color. Also, did we mention blacks? They’re really suffering, we want really want to center them in the conversation.

  102. Anon[319] • Disclaimer says:

    If you read history, the main reasons why people didn’t keep their land in the 1700s and 1800s was:

    1) Didn’t earn enough to pay property taxes on the farm.
    2) Main wage earner died or lost ability to earn money, family had to sell the farm to keep their heads above water.
    3) They thought there was a better opportunity elsewhere, sold out, and moved to fresh land.

    In the the first two cases, they didn’t have a cash surplus to tied them over. In the 3rd case, they were sometimes right, but often wrong. The fact is, if you’re mismanaging your property, moving to another property doesn’t improve your management skills and you’re likely to mismanage that, too.

    The American lands west of Appalachians were, by and large, settled by people who screwed up further east. They kept hopping from property to property, until they hit a limit and had to cope with what they had.

    In all three cases, there’s a serious lack of ability to handle trouble. These are whites I’m talking about. Blacks are even worse at managing property than whites. Look the houses blacks own. They can’t even arrange to have maintenance done on them, much less do it themselves.

    If you gave all the blacks in America 40 acres, most of them would sell it immediately for the cash. There is no inherent quality of land that makes you rich. The sale of it, or the exploitation of it for cash, does. Land of any sort needs work and maintenance, and blacks aren’t much on responsibility. Many whites aren’t much on responsibility, either. Taking responsibility requires an unusual personality, and that personality is a natural gift confined to only a certain percentage of the population.

    I’ve come across houses bought by banks. Banks don’t make money owning houses, they make money selling them. If the property is in a middle-class neighborhood or better, the bank may do all right on the sale. If in a poor neighborhood, they may lose money on a sale because no one wants a crappy house in a crappy neighborhood. However, banks making money from houses is not a sure thing. Owners who can’t pay the mortgage and dump the house on the bank quite often aren’t doing maintenance, and some of those houses may require tens of thousands of dollars of work. Banks don’t want to put 40K into upgrading a house that needs it. They want a mortgage holder doing that. But most buyers want something that is ready to move into, and they don’t want a fixer-upper. They’ve already got jobs they work all day that tire them out; they don’t need a third job among them. Buying houses as an investment is rather tricky, and even banks have competition from flippers.

    All in all, property ownership is no simple thing.

  103. Anon[147] • Disclaimer says:

    One of my relatives thought home ownership was really stupid. He taught college back in the days when college professors were paid poorly, and he lived in student housing his entire career as a dorm advisor, and only bought a modest house when he retired. He thought it was foolish to pay for room and board when you could get someone to pay it for you. When he died, we were astonished to find out he was worth around 10 million. He used the money he saved on food and house payments and bought stocks with it instead, which he held forever. His subject, needless to say, was Economics.

  104. Anonymous[337] • Disclaimer says:
    @Anonymous

    Depends on the rape rate. See @Isteve on this one he will fill you in…

  105. Jack D says:
    @Buzz Mohawk

    The real name (in Yiddish) of matzo balls is knaidlach, which the diminuative plural of knaidl. This is from the German Knödel. In Hungarian, it is nokedli which is Knödel spelled sideways or something, as Hungarians are wont to do. All of these words mean “dumpling”, though other central Europeans tend to make their dumplings out of stale bread rather than ground up matzohs.

    All of these dishes come from the need to take leftover bread, which otherwise would have to be fed to the animals, and turn it into an edible/filling dish for humans, a more high value use. English/American stuffing serves the same purpose.

    • Thanks: Buzz Mohawk
  106. anon[383] • Disclaimer says:
    @mmack

    Revolutionary Oak Park Youth Action League…

    We get closer and closer to People’s Front of Judea-world every day.

    …claim residents want to defund the police. When given the chance to vote, though, more than two-thirds voted “No.””

    Musta used the wrong voting machines, and not enough absentee ballots. Isn’t there some liberal, progressive organization in Oak Park able to rig an election?

    Shocking! Elect a new Oak Park population as soon as possible!

    Wait! I meant to write Judean People’s Front! Don’t stone me!

    • LOL: photondancer
  107. Wow, I hadn’t heard about the 1972 Chicago thing. Is that what Social Scientists say is an “unanticipated consequence” of a gubmint program?

  108. @Jack D

    Your ancestors were lazy goldbricking bums. Pharaoh saw through them & simply booted them. They desperately tried to go back to Egypt, similar to a cheating wife (“I’m sooo sorry….. I won’t do it again. Can you forgive me? I’ll fulfill your all sex fantasies; I’ll be your slave”)

    But Pharaoh was a wise man & told them to get lost. That’s why 40 years in the desert (I’m soorry, forgive me, ….. Hell n0! To the streets, bitch!). After all that, all the Hebrew bums & homeless had to settle for some king of a shitty reservation.

  109. @Dumbo

    BIPOC was coined because those rotten Asians and Hispanics, despite being POC, were letting the side down by becoming less dysfunctional and starting to go to university, take middle class jobs etc. So use of BIPOC aims to downgrade them and centre blacks in the discourse. You’ll notice that despite the ‘I’ indigenous issues still don’t get talked about. That was probably thrown in as a sop.

    Also, although ‘queer’ started out as a euphemism for ‘homosexual’ it lost that meaning in the alphabet soup community a long time ago and now doesn’t seem to stand for anything. I’ve no idea what the difference between ‘queer’, ‘nonbinary’ or ‘genderqueer’ is supposed to be and it wouldn’t surprise me if they’re used by people who want to sound like allies while not changing their life in any significant way.

  110. Naeporue says:

    I have often wondered why billionaires don’t buy up very large sections in places like Compton and Oakland and then gentrify it into homesteads or a resort-like community with private security.

    • Replies: @Steve Sailer
  111. @Muggles

    China has built dozens of massive, mostly unoccupied cities all over the country. They’ve been sitting empty an 80% finished for years but are now falling into serious disrepair.

    https://www.businessinsider.com/these-chinese-cities-are-ghost-towns-2017-4

  112. @Muggles

    Thanks, Muggles. Contrary to what Mr. Unz and the remote-Sinophiles think they know about it, the CCP can fuck up a country just as well as the elites of America have been. Thanks for the info. Now regarding this:

    I suspect domestic Chinese, who like other Asians prefer safer RE to stocks (this was true in America until the late 1940s as well) are simply “low trust” in other investment options.

    Sure, stocks were not as risky back than, seeing as there was actual wealth and productive capacity behind them, but I was comparing putting one’s nest egg into housing vs. putting it in the plain old bank. I don’t know what the majority of Americas did do in the 1940s, but I don’t think the FED controlled interest rates the way they are doing now.

    It wasn’t that long ago when interest rates reflected reality, as in, the price of money. One could not only keep the money from losing value due to inflation, but even gain, as one should for letting others use one’s money. Perhaps after 13 years now of no interest, many younger Americans can’t even conceive of this idea.

    • Agree: Muggles
  113. @mmack

    We may be Liberals sir, but we’re not brainless liberals.

    Not.Buying.It.

    OAK PARK VOTERS STAND BEHIND GUN BAN

    Oak Park voters endorsed their suburb`s handgun ban Tuesday despite a pitched effort by gun ban opponents who had appealed to residents` concerns about personal liberty and increasing crime.

    With 81 of 83 precincts reporting on an advisory referendum calling for repeal of the ban, unofficial counts showed 7,758 votes to retain the ban and 6,115 to overturn it.

    The advisory referendum marked the first time in the nation that voters had been asked to repeal such a ban.

    https://www.chicagotribune.com/news/ct-xpm-1985-11-06-8503160495-story.html

  114. @Naeporue

    Jerry Pournelle wrote a sci-fi novel about that.

    • Replies: @res
  115. @Reg Cæsar

    Saul Alinsky, very much a pragmatic realist, proposed this for Chicago along with his allies in the Church.

    I was listening to Shawn Thompson’s radio program today (WIND-AM 560) and he mentioned that Alinsky was living in some expensive housing in California.

  116. LA County unilaterally decided to revisit a 1929 eminent domain judgment [and return the $$$ property to] the descendants of [the Black owner]

    A refreshing change.

    ED is abusive. The rule is that sooner or later, property acquired through ED ends up in politically connected, private hands. For instance, PIXAR sits atop land that the crappy City of Emeryville had ED-acquired, many years before, for a public street.

    [MORE]

    blacks in Evanston tend to send their children to Catholic schools to keep the underclass blacks in Evanston’s public schools from luring their kids to self-destruction.

    Keeping with the theme of ED, anything the government touches it destroys.

    diverting sales tax on marijuana is the wrong way to aid [A-A’s]. Instead, give them a monopoly on retail weed sales

    I am so sick and tired of the government turning its small setbacks (e.g. pot legalization) into big victories for itself (higher tax revenues). And we don’t need any more government licensed monopolies, thank you very much.

    @#83 (ADad):

    It’s not just FL real estate getting bid up. Asset inflation has been huge across all sectors, e.g. dollar price of gold.

    Back when we decided to escape the crazy expensive Bay Area, I was astonished at how pricey the housing was in the ~ten metro (but famously affordable) areas, across the land, that we Zillow’d.

    Where we now live, there’s plenty of housing inventory (no “fifteen all-cash offers above ask” mania), but sales prices have been strong and rising.

  117. Hermes says: • Website
    @El Dato

    How exactly does breaking into the US Capitol constitute “violence”?

    The US federal government is a multi-trillion dollar organization that has a pattern setting up shop in poorer Middle Eastern countries & damaging the economy by drone-striking ppl & destroying the infrastructure & their non-liberal-democratic governments…

  118. @Polistra

    That doesn’t make realtors any more worthy. Just a legal trick.

    Okay, then realtor isn’t a real word. It didn’t exist before 1916.

    They’re real estate brokers or estate agents. Call them that.

  119. @stillCARealist

    “I suspect a lot of liberals think that home ownership should be a right, like free education and health care.”

    Not just any old home either but one in a nice area, worth a bit of money. A woke columnist in a woke newspaper in Sydney wrote a column a couple of years ago whining that the government should be subsidising her children to buy in a desirable part of Sydney, because her precious darlings couldn’t possibly move out to the cheap outer suburbs like everybody else.

  120. @Achmed E. Newman

    Agreed – most specifically about another great article, Steve and yeah, realtors – it’s a fairly worthless middle-woman occupation.

    I have a friend who tried to do a $1M FSBO in one of the richest counties in the US. Every realtor wanted minimum 2.5% (>= $25000) just to bring someone by.

  121. utu says:
    @Alden

    FOR IMMEDIATE RELEASE
    Wednesday, April 14, 2021
    Department of Justice Closes Investigation into the Death of Ashli Babbitt
    https://www.justice.gov/usao-dc/pr/department-justice-closes-investigation-death-ashli-babbitt

  122. Old Prude says:

    Ashli Babbitt. Remember the name forever. Killed by the Empire.
    .

  123. Hhsiii says:

    The Manhattan Beach folks got $9k plus in eminent domain payoff. Just 10% of that, $900, dividends reinvested, in Dow Jones Average in 1925, would be worth over $950 million today. You’d need to rebalance when they add and subtract from the index.

    At 1.8% average annual yield now you’d be making $17 million a year.

    There’s a calculator that does this on line. I didn’t adjust for inflation.

    Past returns are not a guarantee of future results.

  124. @Anonymous

    No idea. You can try commenting at Vox’s, maybe they know

    • Replies: @photondancer
  125. @Old Prude

    I agree that a good listing agent can be worth the money, and ReMax agents are the best. But there are places that will put you into the MLS for $500, and Zillow will list your FSBO for free, so there’s really nothing you cannot do yourself if you are willing to have people traipsing through your house.

    A lot depends on the market. The one my friend was in was so hot a dog could have sold his house. He wound up getting $45k more than he would have 6 months earlier and saved himself at least $25k.

    Agents who represent buyers should be paid by the buyers, since they bring nothing of value to the seller. Most of them are paid by the buyer since much of the commission is rolled into the asking price of the house.

    tl;dr: Nothing justifies a 6% commission for real estate transactions.

  126. @Arclight

    How many are Section 8?

    Thanks for the reply.

  127. res says:
    @Steve Sailer

    https://en.wikipedia.org/wiki/Oath_of_Fealty_(novel) ?

    It seems like political blowback would make that impossible. Did Pournelle cover that?

    • Replies: @Anon87
  128. So, Compton, CA had “restrictive covenants” intended to keep undesirables out. Covenants were voided by the courts and the result was that undesirables are the ONLY ones there now. Nobody saw THAT coming! Oh, wait; Stevie Wonder and Ray Charles saw it. Helen Keller even HEARD it coming!

    • LOL: Hhsiii
  129. @Barack Obama's secret Unz account

    They are in Australia. It’s called land banking. You see it when capital gains aren’t taxed very highly.

  130. Clyde says:
    @Altai

    ‘Go back to Africa’ is like Sailer’s law of fatalities to injuries for hate hoaxes, it’s use is diagnostic for an African-American trying to sound like what they a white person would write.

    My soul brother, we have plenty of dyed in the wool honkies here who give us their renditions of Ebonics-black speech-jive talking.
    ____

    Five on the Black Hand Side (1973) – IMDb
    https://www.imdb.com/title/tt0070063
    Oct 25, 1973 · Five on the Black Hand Side. PG | 1h 36min | Comedy | 25 October 1973 (USA) In contrast to most of the violence-laden “blaxploitation” films of the period, this low-budget effort eschews exploitation for humanity and domestic drama. Leonard Jackson plays a barber … See full summary ».

  131. Clyde says:
    @AndrewR

    These Dollar Tree stores have small hardware sections that are nice. Their hardware items come and go. I needed a certain size Allen wrench that I will probably only use once. I was able to buy it for one dollar plus included some other sized ones. My best from there were small vise grips. I bought a few of them because I knew they would never be seen there again.

    Also USB accessories and cables there. One Dollah!

  132. @photondancer

    So there’s all these empty houses in Australia? Do people know?

    • Replies: @photondancer
  133. From the linked article https://web.archive.org/web/20080216231407/http:/www.isteve.com/2002_de_Soto_plan_for_poor.htm

    “If you ask Peruvians whether the fact that they own a $20,000 or $30,000 house can help them toward liquidity, they’ll tell you it doesn’t, because they can’t leverage it,” de Soto said. “And leverage — obtaining mortgages, issuing shares, issuing bonds — is essentially a legal tool, but if you don’t have a legal home or business, you can’t do it.”

    Here the devil really is in the detail – of tax arrangements for landlords, and credit controls. Unless there are strict controls on the amount that can be loaned, the $30,000 house becomes a $100,000 house and borrowers end up spending the maximum that they can possibly afford on mortgage repayments. After a couple of generations everybody is renting because they cannot afford to buy, and just as before they have no assets to leverage.

    De Soto was upbeat about the future of his reform plan. “You get one successful country and the others will follow.”

    Nearly 20 years after this statement, and 40 years after the foundation of the ILD, has this happened? The Wikipedia page on the ILD is hostile in tone, describing it as a “neoliberal think tank”. Bearing this bias in mind, it claims:

    The program [in Peru] concluded in 2004 with 1.4 million households being registered and 920,000 land titles being provided. Contrary to de Soto’s claims, the land title project provided no change to the access of credit to poor Peruvians. The ILD’s figures reported that homeowners also saw their hours at work increase by seventeen percent, while working at home decreased by forty-seven percent and child labor was reduced by twenty-eight percent, with the group stating that the latter two statistics were due to homeowners and their children no longer being required to defend their homes from seizure. According to Timothy Mitchell, the ILD’s findings were “implausible” since the conclusion was already framed by the ILD, neighborhoods were already collective with limited property conflicts and those included in the project were already pursuing work outside of their homes when they chose to become involved. Following the findings, the ILD would distance itself from advocating credit access and instead promoted the findings of increased work hours among formal landowners.

    https://en.wikipedia.org/wiki/Institute_for_Liberty_and_Democracy

  134. @Barack Obama's secret Unz account

    Yes, but it’s not illegal so what can we do?

  135. Anon87 says:
    @res

    The Chinese will buy it up, and have no hang ups about doing so. And no one will stop them because there is money to be made.

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